COMMERCIAL

Poverty Bay Herald, Volume LIII, Issue 16372, 21 June 1927, Page 2

COMMERCIAL

(Elec. Tel. Copyright—United Press Assn.) (Received June 21, noon.) CHICAGO, June 20. Wheat quotations are : July 116 cents, September 142? cents.

Several lines of bullocks have been sold for export at 25s per 1001 b., which should tend to improve the market (states a Hamilton report). The fat, sheep market is firm at advanced rate 3. With prospects of a further rise. There is a keen demand tor good store hoggets and wethers, also for ewes in iamb. Baconers and porkers are making equal to b\d, with keen competition for all 'classes of stores.

Dealers are reluctant, to handle the new maize, as it is still soft, being not fiutiieietitly matured, and as they are- occasionally nble to pick up a few lines of old grain the latter is holding fairly firm at 7s 6d on the wharf in wholesale, lines, states the Auckland Herald. New is realising only 6s 3d to 6s M on the wharf, according to quality, and it is expected that the market frill gradually recede from now on, altliough it will possibly be well into July before new grain* takes its place as'-*; merchantable commodity.